We only support cash and debit card deposits (in-person) for Canadian Dollars (CAD) via our Canada Post partnership.
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services.
|Debit card||CAD only
|PayPal (or similar services)||✘||✘|
Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Why is cash not more widely accepted?
Accepting cash makes it difficult to comply with financial regulations. The partnerships that can make it work are rare.
Why are credit cards not accepted?
Cryptocurrency transactions are nearly instant and practically irreversible. As such, the risk of fraudulent deposits from credit cards (and similar) are too high to take on for us right now.